2. •Essar Group has firmed up plans to invest over Rs 2,000
crore to set up a new cement and ferro-alloy unit in Madhya
Pradesh.
•The group has already committed investments worth around
Rs 8,000 crore in the state across sectors like steel, power and
telecom .
3. •The group will set up a cement plant with an
annual production capacity of five million tonnes.
•The 1-lakh tonne per annum ferro-alloy plant will
be built in two phases of 50,000 tonnes each.
4. •Vedanta Group firm Sterlite Energy has revised the
outlay for its proposed power project in Punjab
upwards by over Rs 3,000 crore.
•The Punjab government had recently given the nod
to Sterlite Energy to add one more unit of 660 MW to
the upcoming thermal project at Talwandi Sabo.
5. •The Talwandi Sabo project has got coal linkages
from Coal India's subsidiaries -- Mahanadi Coal
Limited and the South Eastern Coal Limited coal
fields
6. •The country's largest car maker Maruti Suzuki India
is planning to ramp up its service centres by a
massive 1,500 outlets by 2015.
•This enhancement is expected to result in additional
employment of about 22,000 people by the service
network operators.
7. •The company currently has 2,784 service points and
it is planning to increase it to over 4,200 outlets in
the next five years.
8. •Electric two-wheeler maker Hero Electric is stepping
up efforts to expand presence in global markets with
a focus on North America and Europe.
•The company is also looking for technology transfer
from international companies for product
enhancement.
9. •Hero Electric already exports to some parts of
North America and West Europe in small numbers
through distributors.
•Hero Electric that has a production unit in Punjab
is looking to maintain an over 35 per cent market
share in future.
